BTC PULSE
No Result
View All Result
Play Now
No Result
View All Result
BTC PULSE
No Result
View All Result
Play Now
Home Blockchain

SORAMITSU’s Partnership with Klaytn Foundation: A Successful Journey towards Building Decentralized Exchange Backbone

by Dan K
Apr 6, 2023 - 12:00 am
in Blockchain
SORAMITSU and Klaytn Foundation logos side by side

SORAMITSU, a leading blockchain software development company, recently announced the successful conclusion of the development of an open-source decentralized exchange backbone for the Klaytn network. The project was completed in collaboration with the Klaytn Foundation and the Klaytn Governance Council, who provided unparalleled support and attention throughout the development process.

SORAMITSU as a Trusted Technology Partner

One of the biggest challenges faced by community-run treasuries is finding trusted technology providers who are committed to fulfilling deadlines and delivering quality work. SORAMITSU earned the trust of the Klaytn Foundation and the community through hard work and dedication, meeting all the deadlines set during the proposal phases of the project and submitting reports for community scrutiny. This achievement, coupled with the value alignment between SORAMITSU and Klaytn, made for a successful project and helped build trust with the community, which is crucial in the current environment.

Working with the Best in the Ecosystem

The Klaytn ecosystem is well-positioned and works with the best technology providers across the board. SORAMITSU is proud to be included in this list, and the collaboration with other world-class companies helped ensure that everything built was up to the network’s standards and, most importantly, safe enough to support the staggering amount of transactions made on a daily basis. Working with a Klaytn ecosystem auditor such as Quantstamp helped SORAMITSU appreciate the dedication to community safety that is constantly worked toward achieving.

A Commitment to Decentralization and Open-Source Development

At SORAMITSU, the development of blockchain software is based on the values of decentralization and with the purpose of leaving a positive impact on humanity. With over a hundred years of experience in the areas of blockchain, finance, economics, and design, the company pioneers technologies that foster inclusivity, promote innovation and improve people’s quality of life. Working with the Klaytn network, which is oriented toward the principles of decentralization and open-source development, was a great experience that helped SORAMITSU advance in its mission.

Conclusion

The successful partnership between SORAMITSU and the Klaytn Foundation is a testament to the power of collaboration in the blockchain ecosystem. The Klaytn community rallied around the development of the decentralized exchange backbone, and the support and feedback provided helped shape the final product. SORAMITSU’s commitment to meeting deadlines and delivering quality work, combined with the Klaytn Foundation’s attention and support, made for a successful project that will benefit the entire community. Moving forward, SORAMITSU remains committed to advancing the merits and benefits of decentralized technologies, and we look forward to future developments in collaboration with the Klaytn Foundation.

Tags: Blockchain
Dan K

Dan K

Dan K, the chief editor, is a visionary wordsmith, shaping narratives with finesse. His discerning eye for detail creates literary masterpieces.

Related Posts

blockchain

Croatia’s National Team Becomes First to Reward Fans in Crypto

October 7, 2025

Croatia’s HNS launches VATRENI token on Kadena, rewarding fans with crypto and offering exclusive experiences and match ticket...

Chart showing Bitcoin ETF outflows amidst market downturn.

Grayscale Stakes $150M in Ether as SEC Faces Altcoin ETF Deadlines

October 7, 2025

Grayscale staked $150M in Ether after launching staking-enabled ETPs, becoming the first US crypto fund issuer to offer...

Exterior view of the Czech National Bank building in Prague, symbolizing the institution’s financial strategies and innovation.

Bank of England Governor Says Stablecoins Could Reduce Reliance on Banks

October 1, 2025

Andrew Bailey says stablecoins could reduce UK reliance on commercial banks by separating money from credit, signaling a...

blockchain

Spacecoin Executes First Blockchain Transaction Through Space

October 1, 2025

Spacecoin has achieved the first-ever blockchain transaction through space using a nanosatellite, marking a milestone for decentralization and...

View All
BTC-Pulse LogoTransparent

© 2024 BTC-PULSE. Disclaimer: The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.

Info

  • Learn
  • Price Prediction
  • Events
  • Press Releases
  • Sitemap

Company

  • About Us
  • Terms of Service
  • Privacy Policy
  • Contact Us
  • Advertise

News

  • Altcoins
  • Bitcoin
  • Ethereum
  • NFT
  • Regulation
  • WEB 3.0

©2024 BTC-PULSE – All right Reserved.

No Result
View All Result
  • About Us
  • Advertise
  • BTC-PULSE
  • Contact Us
  • Events
  • Privacy Policy
  • Sitemap
  • Terms of Service